Is Schwab’s U.S. Large-Cap Growth ETF’s (SCHG) 32× PE the Start of a Melt-Up or the Edge of a Cliff?
The Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) carries a portfolio P/E around 32x while delivering only a 4% gain so far in 2026, a strange combination if you assume premium valuations are…